A multidimensional approach

AUTHOR(S)

Chang, Joseph

PUB. DATE

January 2008

SOURCE

ICIS Chemical Business;1/14/2008, Vol. 273 Issue 2, p11

SOURCE TYPE

Trade Publication

DOC. TYPE

Article

ABSTRACT

The article discusses the company plans of newly-appointed Spartech president and chief executive officer Myles Odaniell. According to reports, he plans a major turnaround for the struggling thermoplastics extruder with a combination of cost cutting and select expansions. This article also discusses the financial performance of the company, stating that visibility on earnings performance remains cloudy and is expected to continue into the first half of 2008.

The article informs that Spartech Corp. is planning to sell a profile extrusion business in Canada to rotational molder Acrylon Plastics Inc. and closings four of its plants to dispose of its noncore assets. Myles Odaniell, President and Chief Executive Officer (CEO), Spartech already has...

The article reports that analysts expect that ARC International PLC could break even by the end of 2006. According to Monica Johnson, chief financial officer of the reconfigurable processor IP firm, the market expectation is that they will reach break-even by the end of 2006 or early 2007. ARC's...

Highlights the result of survey conducted by PricewaterhouseCoopers and the World Economic Forum, on chief executive officers' outlook for their companies' growth prospects. Percentage of respondents who are optimistic about their companies growth.

Cites efforts by the Business Roundtable construction committee to enhance the cost-effectiveness of the construction industry. Effect of downsizing of central engineering departments; Introduction of changes in the way owners prequalify contractors; Role of user councils in training industry...

Editorial. Commends the Business Roundtable organization for its launch of its Construction Industry Cost-Effectiveness project aimed at achieving excellence and efficiency in project delivery systems. Defining the scope of capital projects; Mix of responsibility, risk and reward faced by...